Positioned on a generous 400m² block in one of South-East Queensland's fastest-growing suburbs, this modern dual-occupancy property presents an exceptional opportunity for investors seeking strong rental returns or families looking to accommodate multiple generations under one roof. Offering a combined total of five bedrooms, three bathrooms and two secure garages, this well-designed property features two separately leased residences, delivering immediate income from day one. The three-bedroom residence is currently leased until December 2026 at $550 per week, increasing to $580 per week from 22 September 2026, while the two-bedroom residence is leased until February 2027 at $450 per week. This provides a current combined rental income of $1,000 per week, increasing to $1,030 per week from September 2026. The larger residence has been thoughtfully designed for comfortable family living, featuring three spacious bedrooms with built-in wardrobes, two modern bathrooms, air-conditioning, ceiling fans throughout and easy-care tiled flooring. The open-plan kitchen, living and dining area flows seamlessly to a covered outdoor patio, creating the perfect space for entertaining or relaxing. A fully fenced yard and single lock-up garage complete the package. The second residence offers two generous bedrooms with built-in wardrobes, air-conditioning and ceiling fans throughout. Designed with practicality in mind, it also includes a covered outdoor patio, fully fenced private yard and a single lock-up garage, ensuring excellent appeal for tenants and occupants alike. Located in the thriving Park Ridge community, this property enjoys close proximity to quality schools, shopping centres, parks and public transport. Families will appreciate being just moments from local education options, including Logan Reserve State School and Corymbia State School approximately 2.5km away. Brisbane CBD is approximately 22km away, while the Gold Coast is approximately 59km away, providing convenient access to both major centres. With ongoing infrastructure investment, continued population growth and rising demand for quality housing in the area, this property represents a rare opportunity to secure a modern dual-living asset with excellent growth potential and strong rental yield. Whether you're expanding your investment portfolio or seeking a versatile property for extended family living, 2 Mt Mitchell Street, Park Ridge delivers outstanding value, flexibility and future potential. Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. If this property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes.
RealistIQ deal score
Good value signal
70
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 2 Mount Mitchell Street, Park Ridge before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $233,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $973,000 - $1,594,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,283,000
Market price guide$1,050,000
$973,000$1,594,000
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
